Search found 88 matches

by hushpuppy
Sun Sep 24, 2017 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 34
Views: 2791

Re: Vanguard Health Care Fund in my portfolio?

I've been thinking around 5-10% myself as well. 20% is more than I feel comfortable with, but I do feel like healthcare is something that will always be in high demand and continues to evolve. And why wouldn't that be true of other sector funds? For example, won't energy always be in high demand an...
by hushpuppy
Thu Sep 21, 2017 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 199
Views: 17866

Re: I won the Lottery. Need sound advice.

- Learn the 4% rule. You're talking about retirement in 10 years. Rough numbers: with the winnings as lump sum, say $500k at 4%, that would give you $20k a year. That's 10% of what you and your wife currently make. Don't look at the big millions number. It's not so big when it has to last for 30 ye...
by hushpuppy
Wed Sep 20, 2017 1:19 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversions and taxes
Replies: 36
Views: 2629

Re: Roth Conversions and taxes

While I'm a fan of conversions, it takes a LOT of converting to significantly reduce RMDs. For example, converting 100k only reduces first year RMD by $3,700 in a no growth scenario. Good point. However, for my personal application I am actually hoping that growth of the TIRA will force RMDs to be ...
by hushpuppy
Tue Sep 19, 2017 4:45 pm
Forum: Investing - Theory, News & General
Topic: Any "average Joe" here actually make out well with individual stocks?
Replies: 88
Views: 8194

Re: Any "average Joe" here actually make out well with individual stocks?

I learned the hard way that individual stocks were not something that I could successfully own. I bought at least two stocks that went bankrupt. One of those I averaged down as it fell in price. I believe that I lost $20,000 on that one stock. I also bought one stock from my working days industry. I...
by hushpuppy
Mon Sep 18, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Help buying first house in Huntsville, Alabama
Replies: 12
Views: 1112

Re: Help buying first house in Huntsville, Alabama

Between moving to a new city and starting a new job at a startup company it would be good to rent for six months or a year before you buy a house just to make sure that things are working out well there. That will also give you time to learn the local housing market and find a really good house. I ...
by hushpuppy
Fri Sep 15, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Health Care Fund in my portfolio?
Replies: 34
Views: 2791

Re: Vanguard Health Care Fund in my portfolio?

Does anyone think it's a good idea to start an investment portfolio that includes Vanguard Health Care Fund in the equities portion? Anyone posting this question on this site will likely get some negative responses from people that generally think that broad indexing is the only intelligent thing t...
by hushpuppy
Wed Sep 06, 2017 1:55 pm
Forum: Investing - Theory, News & General
Topic: "36 Obvious Investment Truths"
Replies: 18
Views: 2622

Re: "36 Obvious Investment Truths"

Linked from the OP's above by Carlson: "For some reason we are constantly seeking reassurance and acceptance from others, to make ourselves feel better about our current opinions on the markets or our portfolio positioning. There’s a certain level of comfort that comes from the safety in numbers phe...
by hushpuppy
Mon Sep 04, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback
Replies: 40
Views: 4336

Re: 2018 Subaru Outback

http://www.subaruoutback.org/forums/138-gen-5-2015-present/386273-official-2018-outback-thread-51.html?nojs=1#links O.P. you may want to check the outback forums. The above link is for the 2018 model year (page 51 - you might want page 1). 2018 is a refresh (not full redesign) year. My understanding...
by hushpuppy
Sun Sep 03, 2017 5:56 pm
Forum: Personal Consumer Issues
Topic: Things to buy/repair before (early) retirement
Replies: 32
Views: 3625

Re: Things to buy/repair before (early) retirement

might even consider a loan that you pay off early when in a lower tax bracket. Very simple advise that is worth a ton of money. I've seen people make this mistake over and over. My grandma insisted on having a paid off house before she retired in December. I begged her not to take the money from he...
by hushpuppy
Sun Sep 03, 2017 3:20 pm
Forum: Personal Consumer Issues
Topic: Things to buy/repair before (early) retirement
Replies: 32
Views: 3625

Re: Things to buy/repair before (early) retirement

might even consider a loan that you pay off early when in a lower tax bracket. Very simple advise that is worth a ton of money. I've seen people make this mistake over and over. My grandma insisted on having a paid off house before she retired in December. I begged her not to take the money from he...
by hushpuppy
Mon Aug 28, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: School Redistricting - What should we do?
Replies: 96
Views: 7218

Re: School Redistricting - What should we do?

The big thing though is you can't fix the damage from bad education for your children. Pretty much once that damage is done it's, done. I wouldn't recommend the waiting. Bad schools hurt every year not just high school and your kids may not be in a position to thrive in a better high school if thei...
by hushpuppy
Sun Aug 27, 2017 5:47 pm
Forum: Personal Consumer Issues
Topic: SUV thread (with a twist)
Replies: 44
Views: 4124

Re: SUV thread (with a twist)

Just to add to some above posts is some general Subaru information regarding moves to a new platform. http://articles.sae.org/15571/ From the above (corrected) link: "Now comes a much-improved, second-generation 2018 Crosstrek which company engineers claim is 95% new. It’s underpinned by the substan...
by hushpuppy
Fri Aug 25, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Dan Wiener Independent Advisor for Vanguard Investors
Replies: 43
Views: 10874

Re: Dan Wiener Independent Advisor for Vanguard Investors

The Dan Wiener Independent Adviser is a complete waste of money. You can get all the info you need from Vanguard directly or from Morningstar. Also make sure you are not signed up for auto-renewal since this service does not give refunds after you discover you've been charged. I'm not sure it is a ...
by hushpuppy
Sat Jul 22, 2017 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Teenager taking out loans to establish good credit
Replies: 24
Views: 1453

Re: Teenager taking out loans to establish good credit

Hi everyone! so to my knowledge it won't be jeopardizing their retirement or other savings in any way). While they are set on paying for my education, I've been contemplating taking out a small student loan ($5,000? $10,000?) so that I a). have some skin in the game, b). gain low-stress experience ...
by hushpuppy
Sat Jul 22, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Minimum amount for closed Vanguard Admiral funds?
Replies: 10
Views: 1212

Re: Minimum amount for closed Vanguard Admiral funds?

There are some funds such as Capital Opportunity (VHCOX; VHCAX) that are closed, but have both Investor and Admiral shares. I've been trying to find the minimum needed for the Admiral share class, but everywhere I've looked, it shows "N/A", presumably because it's "closed". But it is OPEN to those ...
by hushpuppy
Sun Jul 16, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Tips and advice from those who had their homes built
Replies: 13
Views: 1307

Re: Tips and advice from those who had their homes built

Hire an inspector. Ours was worth his weight in gold. 1210 Be aware that in some parts of the country it is extremely difficult to get a well qualified inspector that is honest and unbiased. Many inspectors may have questionable knowledge and/or ties to realtors or builders that could lead to futur...
by hushpuppy
Mon Jun 26, 2017 3:26 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 7017

Re: Your Favorite Vanguard Fund

I happen to have yearly performance data for a lot of the funds above, from previous discussions here and on other forums. This is through 2016. I include results for DCA (Dollar Cost Averaging) for periodic investments because I think the "growth of $10,000" summaries on the brokerage websites do ...
by hushpuppy
Tue May 23, 2017 9:51 am
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

^^^ I would agree that Vanguard is "problematic" when dealing with conversions. Long story short - when doing a Roth conversion, put the funds directly into a Roth account - not the federal settlement fund holding area. I had previously used that same federal settlement account for a 401(...
by hushpuppy
Mon May 22, 2017 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

Celia wrote: I think I understand what you are saying now. I have upgraded the warning in the wiki (after the 5 example conversions) to say: After doing a Roth conversion and there is still a chance of recharacterizing it, you should not move the Roth account to a new custodian or another Roth, sinc...
by hushpuppy
Mon May 22, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

Although I have communicated with a titled Client Manager, Vanguard Flagship Services, about this issue, it might take quite some time before Vanguard Representatives become likely to warn customers about the need for unique Roth account numbers. Celia wrote: <--Of course, every account has a unique...
by hushpuppy
Sun May 21, 2017 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

LadyGeek wrote: Perhaps we could phrase something like: If you are contemplating a recharacterization strategy involving multiple Roth and/or traditional IRAs, Vanguard's brokerage service platform may be unable to execute this strategy in a tax-efficient manner. See (this post). Based on Alan S. po...
by hushpuppy
Sun May 21, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

LadyGeek wrote: This forum follows the man (Jack Bogle), not the company. As long as the statements are accurate and can be verified, it can go in the wiki. Well, I understand bogleheads are or can be associated with any (or no) custodian company, but I personally don't see where we go from here in ...
by hushpuppy
Sun May 21, 2017 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

Alan S. wrote: I have no idea if the new platform composed of a single brokerage account has solved ALL of these issues, but the number of these complaints has dropped considerably as the new platform has been phased in because transfers due solely to the type of investment location is no longer nec...
by hushpuppy
Sun May 21, 2017 11:16 am
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

Cilia wrote: I am still on the old platform, so am not sure if I understand the potential problem. Don't your investments on the new platform show each holding with partly the account number and partly the fund number as it was on the old platform? When you open a statement for "your account&qu...
by hushpuppy
Sat May 20, 2017 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

Celia - Alan S., Chip, Michael Kitces and many others agree with what you have said. Thank you for working to improve the Wiki and to include a warning about the pro-rata Roth recharacterization issue. You obviously do care about the effects on the unsuspecting. My apologies for questioning your res...
by hushpuppy
Sat May 20, 2017 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization
Replies: 30
Views: 2164

Re: [Wiki] - Pro-rata rule impact on Roth IRA recharacterization

Celia wrote in the Wiki: The primary recommendation when you convert is to always convert into a new (empty) Roth. If you are converting multiple holdings (funds, stocks, bonds), put each one into a new, separate, empty Roth. This will allow you to specify what you want returned to the traditional I...
by hushpuppy
Sat May 20, 2017 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

Chip wrote: In this post you mentioned Treasury Reg 1.408A-5, Q&A-2(c)(4). That same regulation has the paragraph that celia was referring to [1.408A-5(c)(2)(ii)]. In computing the adjusted closing balance of the conversion, it says: (ii) The term adjusted closing balance means the fair market v...
by hushpuppy
Sat May 20, 2017 10:16 am
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 382
Views: 192277

Re: Suggestions for the Wiki

Due to the situation of pro-rating across all non-uniquely numbered Roth accounts, when re-characterizing, I suggest insertion of a warning about ensuring each conversion is placed in a new uniquely numbered Roth account. From Michael Kitces article: Splitting A Roth Conversion Into Multiple Account...
by hushpuppy
Sat May 20, 2017 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

Chip wrote: hushpuppy wrote: Celia, as far as I can see the required 1099s would not prevent this transfer of custodian idea from working. The entire amount of the money market Roth could be re-characterized. I'm sure celia will be along shortly to show you in detail why what you suggest won't work ...
by hushpuppy
Sat May 20, 2017 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

Celia wrote: Hushpuppy, This does not work since the additions and withdrawals done between the date of conversion and date of recharacterization have to be taken into account. There will not be enough left in the account to do the full conversion and the OP would have to pay taxes on the part that ...
by hushpuppy
Fri May 19, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

Mystified, because you have not yet re-characterized, I am wondering if you could transfer the Roth assets you do not want to re-characterize to a different custodian and then re-characterize just the portion of the money market fund that you desire. (Effectively isolating Roth assets, before re-cha...
by hushpuppy
Fri May 19, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

mystified, I edited link see previous post. Sorry about that. :oops:

Regards,

hushpuppy
by hushpuppy
Fri May 19, 2017 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Re-characterization of Roth contribution "opportunity" issue
Replies: 23
Views: 1905

Re: Re-characterization of Roth contribution "opportunity" issue

Take a look at the linked article that explains what has happened. (Especially examples 2A & 2B) This is a terrible "gotcha" that I wish investment company representatives knew enough to warn about. Thanks to several bogleheads, I was forewarned. Edited link. If it doesn't work please ...
by hushpuppy
Fri May 19, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 16430

Re: My dad is taking Social Security at 62, why would anyone not?

dodecahedron wrote:

BLS statistics show that this has indeed been true over the past few decades, but less so recently. Future trends are anyone's guess.

https://www.bls.gov/opub/ted/2012/ted_20120302.htm

More discussion here:
http://crr.bc.edu/wp-content/uploads/20 ... _15-18.pdf


Thanks for the links.

Regards,

hushpuppy
by hushpuppy
Fri May 19, 2017 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: My dad is taking Social Security at 62, why would anyone not? (If they already quit working)
Replies: 114
Views: 16430

Re: My dad is taking Social Security at 62, why would anyone not?

David Jay wrote: SS COLA is based on CPI-W which overstates cost of living for retirees (over the long term) by, perhaps, 40 or 50 basis points. So SS beneficiaries actually come out ahead in periods of high inflation. This seems an unusual thing to state/believe. As medical costs are much more pred...
by hushpuppy
Wed May 17, 2017 11:48 am
Forum: Investing - Theory, News & General
Topic: Best argument you've heard against passive/for active?
Replies: 49
Views: 4747

Re: Best argument you've heard against passive/for active?

IlliniDave wrote: I think active funds with the following two characteristics can make good investments: -Low fees -Low turnover You could call the strategy long-term stock picking maybe. As both of those characteristics decrease the fund approaches an index fund with a custom, in-house, index defi...
by hushpuppy
Thu May 11, 2017 6:36 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Income Dividend Growth Fund
Replies: 8
Views: 1818

Re: Vanguard Income Dividend Growth Fund

DrKMP wrote: Some time back I invested in Vanguard's Dividend Income Growth Fund (VDIGX) but now don't have a good rationale for why I did it. I am not counting on dividends for my income and they don't help my tax efficiency, so should I sell this fund and invest in something else? Generally speaki...
by hushpuppy
Thu May 11, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Income Dividend Growth Fund
Replies: 8
Views: 1818

Re: Vanguard Income Dividend Growth Fund

From JoMoney link: Number of stocks for Dividend Appreciation ETF 188; NASDAQ Dividend Achievers 180 I have a good deal of respect for bogleheads general aversion to active management. However, I would point out that Don Kilbride has deliberately picked approximately 50 (47 last report Edit/Correcti...
by hushpuppy
Thu May 11, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Income Dividend Growth Fund
Replies: 8
Views: 1818

Re: Vanguard Income Dividend Growth Fund

JoMoney wrote: I have no idea why you did it. With this particular fund, being an active one, but also one following a fairly simple 'style' that there are similar strategy low-cost index alternatives of, the only reason I can imagine choosing it is because you have some reason to believe the fund m...
by hushpuppy
Thu Apr 27, 2017 4:03 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 13349

Re: Vanguard has switched to brokerage only accounts

From upthread hushpuppy wrote: From "Splitting A Roth Conversion Into Multiple Accounts To Isolate Investments For Strategic Recharacterization” by Michael Kitces: Example 2a. Jeremy converted $50,000 of XYZ stock from his traditional IRA into his Roth IRA, adding it to an existing $200,000 Rot...
by hushpuppy
Wed Apr 26, 2017 4:27 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 13349

Re: Vanguard has switched to brokerage only accounts

Doc, you are a good man. (I know you post often and meaningfully.) I mean no disrespect to you or anyone else on this forum. I don't post often, but I thought my post was appropriate for this thread. I simply don't understand why Vanguard as an organization apparently feels no responsibility for inf...
by hushpuppy
Wed Apr 26, 2017 2:06 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 13349

Re: Vanguard has switched to brokerage only accounts

Doc wrote: In any case I don't think the distinction is brokerage account vs. mutual fund only account. Vanguard mutual fund accounts on the old mutual fund platform have unique account numbers for each mutual fund. Roth recharacterizations are no problem under the old platform. When accounts are &q...
by hushpuppy
Wed Apr 26, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 13349

Re: Vanguard has switched to brokerage only accounts

Doc wrote: The problem may be that Vanguard does not support Specific ID in tax advantaged accounts. It is not a consequence of mutual fund only or Vg brokerage. The posts I made are not related to Specific ID in any way. I am only referring to conversions to Roth followed by any recharacterization(...
by hushpuppy
Wed Apr 26, 2017 12:34 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 13349

Re: Vanguard has switched to brokerage only accounts

dpc wrote: I don't do backdoor Roths (see above) and anecdotally, it seems that those were an issue when the transition happened. dpc, just in case you are referring to my post quoting from the Kitces article, be aware that any conversion of any type followed by a recharacterization can result in p...
by hushpuppy
Wed Apr 26, 2017 12:04 pm
Forum: Investing - Theory, News & General
Topic: Vanguard has switched to brokerage only accounts
Replies: 108
Views: 13349

Re: Vanguard has switched to brokerage only accounts

by Carl53 » Tue Apr 25, 2017 8:22 pm For those that had multiple traditional and multiple Roths, have you had any difficulty maintaining your multiple accounts. My flagship rep advised against upgrading due to some problems relating to automatic combining of accounts that 'upgrading' initiated. He ...
by hushpuppy
Thu Mar 30, 2017 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Handling future healthcare expenses AFTER legal settlement?
Replies: 5
Views: 825

Re: Handling future healthcare expenses AFTER legal settlement?

I suspect that if something major were to happen to me, based on this language I will likely have to reimburse the health insurance at whatever rate they paid - not the "sticker price" from the hospital that (as has been implied) can be up to 10x what the actual payment is. The actual dif...
by hushpuppy
Tue Mar 21, 2017 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: Horrible 401K Fund Choices--Direct transfer to IRA questions
Replies: 7
Views: 571

Re: Horrible 401K Fund Choices--Direct transfer to IRA questions

m The above link describes possible In-service withdrawals, but is only applicable if the specific 401k plan SPD (Summary Plan Description) allows it. I was able to do a partial rollover today for my wife, who has not yet reached 59 ½. Only vested company contributions and earnings could be moved to...
by hushpuppy
Tue Feb 07, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Acquaintance and Social Security Disability
Replies: 8
Views: 971

Re: Acquaintance and Social Security Disability

I am wondering if a moderator would consider moving this thread to the Personal Finance (Not Investing) forum. I am hoping some boglehead may have relevant or more specific guidance they can add.

Regards,

hushpuppy
by hushpuppy
Mon Feb 06, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Acquaintance and Social Security Disability
Replies: 8
Views: 971

Re: Acquaintance and Social Security Disability

My experience in 2011 was that a $6,000 maximum was charged by an attorney against my social security claim. Because the claim in the case you describe has already been approved, some caution might be in order in regards to engaging an attorney. In other words any money comes out of the claiming ind...
by hushpuppy
Tue Jan 10, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security Widow Benefits
Replies: 11
Views: 1320

Re: Social Security Widow Benefits

hushpuppy wrote: However, due to the age given for MIL, I believe the Survivor’s FRA is 66 years and 2 months 2017-60 = 57 year of birth. Mr. Piper would you mind commenting on the difference between FRA & Survivor’s FRA? I believe it is relevant in OP's case. Survivors Planner: Social Security Bene...